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Lumine Group Completes the Purchase of Concentrix’s Mobile Network Solutions Business

Written by Customer Service on . Posted in Mergers And Acquisitions.

New business unit will operate independently as “NetEngage”

TORONTO, July 14, 2021 (GLOBE NEWSWIRE) — Lumine Group (“Lumine”), a division of Volaris Group focused in the communications and media space, has successfully completed the purchase of the Mobile Network Solutions Business from Concentrix. This acquisition was originally announced on July 2, 2021.

The business, which includes software capabilities in the areas of call completion, messaging, and online charging for communications services providers worldwide, will be marketed under the newly created brand “NetEngage” and will operate as a fully autonomous Lumine business.

About Lumine Group

Lumine Group is a leading global acquirer of communications & media software businesses. Lumine empowers businesses to grow by providing an ecosystem with access to a network of global, like-minded professionals, customers, and partners. Lumine Group is a division within Volaris Group, a subsidiary of Constellation Software Inc. (TSX:CSU). Learn more at www.luminegroup.com and via LinkedIn.

About Volaris Group

Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.

About Concentrix

Concentrix Corporation (Nasdaq: CNXC), is a leading global provider of customer experience (CX) solutions and technology, improving business performance for some of the world’s best brands including over 100 Fortune Global 500 clients and over 115 global disruptor clients. Every day, from more than 40 countries and across 6 continents, our staff delivers next-generation customer experience and helps companies better connect with their customers. We create better business outcomes and help differentiate our clients through technology, design, data, process, and people. Concentrix provides services to clients in our key industry verticals: technology & consumer electronics; retail, travel & eCommerce; banking, financial services & insurance; healthcare; communications & media; automotive; and energy & public sector. Visit concentrix.com to learn more.

Contact Information

Erini Andriopoulos
Director of Marketing, Lumine Group
erini.andriopoulos@luminegroup.com

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